Hedge funds sold petroleum futures
and options for the second week running as the post-attack
bounce in oil prices evaporated and attention shifted to the
deteriorating condition of the global economy.
WeWork is locked in negotiations this week
with its largest shareholder, Softbank Group Corp, over
a new $1 billion investment to enable the shared office space
company to go through a major restructuring, according to
sources familiar with discussions.
Brazilian education provider
Kroton SA is creating a new holding entity that will
oversee four different companies focused on higher education as
well as primary and secondary schooling, as part of a broad